|11th District Cost of Funds Index
The 11th District Cost of Funds Index (COFI) is a more...
A 2nd mortgage is any property loan which is placed more...
In a broad sense, an acquisition takes place when one more...
Acquisition cost is the pretax amount of money it costs more...
|Ad Valorem Tax
An ad valorem tax is a tax based on a more...
|Adjustable Rate Mortgage
An adjustable rate mortgage (ARM) is a type of mortgage more...
An adjustable-rate mortgage (i.e. ARM) is a mortgage on a more...
An adverse remortgage or adverse credit remortgage is a mortgage more...
|American Association of Individual Investors
American Association of Individual Investors (AAII) is a Chicago-based, investor more...
Amortization refers to the repayment of a debt in small more...
|Annual Percentage Rate
An annual percentage rate, often referred to by its acronym more...
An annuity is an investment related product designed to provide more...
An appraisal is a professional evaluation of the current market more...
An appraiser is a person educated and trained to set more...
APR stands for Annual Percentage Rate. APR is a measure more...
APY is short for annual percentage yield. The APY more...
An ARM is an acronym standing for adjustable-rate mortgage, a more...
Arms Index is a mathematic market meter designed to communicate more...
An asset can include anything that provides economic value to more...
An asset-backed security (ABS) is a bond backed by a more...
An auction is a method of asset sale by competitive more...
An auction market is a market wherein buyers and sellers more...
|Bait and Switch
Bait and switch is a deceptive means of sales where more...
A balloon loan is any loan that has one final more...
A balloon payment is the final installment payment for what more...
The term cash out applies to a type of mortgage more...
|CDR Counterparty Risk Index
The CDR counterparty risk index is a measure of credit more...
CFA stands for Chartered Financial Analyst, a professional designation given more...
CFP is short for certified financial planner, which is a more...
|Chartered Financial Analyst
A Chartered Financial Analyst (CFA) is an investment professional who more...
Most generally, closing costs is associated with a cost of more...
The closing price of a stock is the price of more...
|Collateralized Debt Obligations
Collateralized debt obligations (CDO) are a form of an asset-backed more...
A commercial mortgage is a mortgage which is secured by more...
A conforming loan is a residential mortgage that is eligible more...
A conventional mortgage is a fully amortizing mortgage. The more...
|Cost of Equity
The cost of equity is the minimum rate of return more...
Counterparty risk refers to the risk of default of one more...
|Credit Default Swap
A credit default swap is a credit derivative. A more...
Credit history is generally a temporal record of repaying debt. more...
CUSIP is an abbreviation for Committee on Uniform Securities Identification more...
A debt security is a written agreement to repay a more...
Default can be generally defined as a failure of a more...
Default risk is the risk born by a creditor that more...
Deleveraging is the unwinding of debt. Companies use leveraging more...
|Department of Housing and Urban Development
The Department of Housing and Urban Development, (HUD), established in more...
Depreciation is the reduction in the value of an asset more...
|Depreciation and Amortization
Depreciation and amortization are accounting transactions that record the loss more...
A down payment is the amount paid in advance of more...
|Equity Line of Credit
Equity line of credit, also known as home equity line more...
|Equity Loan Rates
Equity loan rates are the interest rates charged on equity more...
An equity REIT is a company which owns a portfolio more...
Fair value is a market price that both the buyer more...
A fairly valued stock is a stock whose perceived value more...
Fannie Mae, or the Federal National Mortgage Association, is one more...
|Federal Home Loan Mortgage Corporation
The Federal Home Loan Mortgage Corporation (FHLMC) is a public more...
|Federal Housing Administration
The Federal Housing Administration, or FHA, is an agency of more...
|Federal National Mortgage Association
The Federal National Mortgage Association, or Fannie Mae, is one more...
An FHA loan is a loan insured by the FHA, more...
A fixed-rate mortgage, or FRM, has a fixed interest rate more...
Form 1098 is an IRS tax form filed by entities more...
Ginnie Mae stands for the Government National Mortgage Association. more...
A high-ratio mortgage is one with a high LTV, or more...
Home equity is the difference between a home's value and more...
|Home Equity Debt
Home equity debt is a loan that is secured by more...
|Home Equity Line of Credit
A home equity line of credit is a credit line more...
|Home Equity Loan
A home equity loan is a broad term for credit more...
|Home Equity Loan Rate
A home equity loan rate is the interest rate on more...
|Home Equity Loans
Home equity loans are a type of loan that is more...
|Home Loan Refinancing
Home loan refinancing is the process of paying off a more...
Homeowner's insurance is a type of insurance policy that indemnifies more...
Income property is real estate held as part of an more...
An insured mortgage is a mortgage with an insurance policy more...
An investment club is a membership organization for investors. more...
An investment newsletter is a publication designed to help investors more...
Real property owned by an entity for other than its more...
Investment return is the change in value of the investment more...
A joint mortgage is simply a mortgage with more than more...
A judgment lien is a court-ordered lien on a debtor's more...
A judicial foreclosure occurs when a lender involves the courts more...
Junior is a term that signifies that which is younger more...
A junior mortgage is a mortgage that is subordinated to more...
Just title is any title that is free of claims more...
The investment banking firm that puts together the syndicate of more...
A lease is a legal contract that transfers the right more...
A life annuity is an annuity that pays out periodic more...
In real estate finance, the loan-value ratio is simply the more...
In statistics, the median is the middle of a distribution more...
In law, the word mortgage technically means a pledge of more...
A mortgage banker is an individual or organization that lends more...
A mortgage bond is a debt obligation secured by a more...
A mortgage banker is an individual or organization that acts more...
Mortgage insurance is insurance covering the lender or other holder more...
|Mortgage Interest Deduction
In US federal taxation, the mortgage interest deduction is a more...
|Mortgage Life Assurance
Mortgage life assurance is a policy designed to help pay more...
|Mortgage Life Insurance
Mortgage life insurance is a type of life insurance policy more...
The mortgage rate is the rate of interest paid on more...
A mortgage refinance occurs when a borrower pays down an more...
A mortgage-backed security (MBS) is a security based upon a more...
|Multiple Listing Service
A Multiple Listing Service, or MLS, is a regional database more...
NAREIT stands for the National Association of Real Estate Investment more...
In real estate, negative equity describes a situation where the more...
A piggyback loan is a second mortgage used to add more...
PMI, or Private Mortgage Insurance, is insurance that indemnifies a more...
|Power of Attorney
A power of attorney is a legal instrument used to more...
Predatory lending refers to practices used by certain lenders do more...
A prepayment penalty is a type of finance charge paid more...
In the US, the prime rate was historically defined as more...
Principal residence refers to the main home where a person more...
In law, a promissory note is a contract that involves more...
Particularly in residential real estate finance, a rate lock is more...
In common law, real estate refers to land and any more...
|Real Estate Agent
A real estate agent is a person licensed at the more...
|Real Estate Broker
A real estate broker is a real estate agent that more...
|Real Estate Limited Partnership
A real estate limited partnership is an investment vehicle for more...
|Real Estate Mortgage Investment Conduit
A real estate mortgage investment conduit is a method of more...
A realtor is a professional real estate agent, property manager, more...
A refinance refers to the process of paying off an more...
Refinancing is the act of restructuring a debt or replacing more...
Refinancing cost is the amount of money a borrower will more...
The abbreviation REIT stands for Real Estate Investment Trust. more...
Rent control refers to local ordinances that govern the amount more...
Renter's insurance indemnifies a tenant against various losses. Various types more...
A residential mortgage is a mortgage loan for residential property, more...
A reverse mortgage is a way for senior citizen homeowners more...
|Revolving Line of Credit
A revolving line of credit is a type of credit more...
A rollover mortgage, also called a renegotiable rate mortgage, is more...
Section 1031 refers to a portion of the U.S. tax more...
A subprime loan is a loan given to a borrower more...
A toxic asset is any asset that has a current more...
In finance the term underwater can have two distinct meanings. more...
A zone is a region classified by government law (usually more...
Zoning is a method by which a government (usually a more...